Cerus closes $110 million debt facility with MidCap Financial

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Cerus Corporation Closes New Debt Facility of Up to $110 Million

June 8, 2026 8:30 AM EDT

Refinancing extends maturity and lowers cost of capital

Enhances financial flexibility and positions Cerus to drive sustainable growth

Anticipated annual cash interest expense savings of up to $3.5 million

CONCORD, Calif.--(BUSINESS WIRE)-- Cerus Corporation (Nasdaq: CERS) announced today the closing of a new debt facility with MidCap Financial (MidCap), providing up to $110 million. The facility consists of a 5-year term loan and an asset-backed revolving loan.

The refinancing is expected to reduce annual cash interest expense by up to $3.5... More